Pension and Postretirement Benefit Plans

The Company and its subsidiaries sponsor multiple defined benefit plans that cover certain employees. Postretirement benefit plans, other than pensions, provide healthcare benefits for certain eligible employees. Benefits are primarily based on years of service and employee compensation.

Pension Plans

The Company has both funded and unfunded pension benefit plans. It is the Company’s policy to fund such plans in accordance with applicable laws and regulations in order to ensure adequate funds are available in the plans to make benefit payments to plan participants and beneficiaries when required.

The components of the Company's pension related costs for the following periods are as follows:



In thousands	Three Months Ended June 30, 2015			Three Months Ended June 28, 2014			Six Months Ended June 30, 2015			Six Months Ended June 28, 2014
Service cost	$	1,031		$	874		$	2,032		$	1,747
Interest cost	2,005			2,463			3,980			4,921
Expected return on plan assets	(2,733		)	(3,122		)	(5,419		)	(6,240		)
Curtailment / settlement (gain) loss	—			—			—			—
Net amortization of:
Actuarial (gain) loss	99			(4		)	197			(8		)
Transition costs and other	(11		)	—			(20		)	—
Net periodic benefit cost	$	391		$	211		$	770		$	420

The Company’s practice is to fund amounts for its qualified pension plans at least sufficient to meet the minimum requirements set forth in applicable employee benefit laws and local tax laws. In addition, the Company manages these plans to ensure that all present and future benefit obligations are met as they come due. Full year contributions are expected to approximate $3.5 million.

Postretirement Plans

The Company sponsors several Non-U.S. postretirement plans that provide healthcare benefits to cover certain eligible employees. These plans have no plan assets, but instead are funded by the Company on a pay-as-you-go basis in the form of direct benefit payments.

The components of the Company's postretirement related costs for the following periods are as follows:



In thousands	Three Months Ended June 30, 2015		Three Months Ended June 28, 2014		Six Months Ended June 30, 2015		Six Months Ended June 28, 2014
Service cost	$	2	$	9	$	4	$	18
Interest cost	47		94		91		187
Curtailment / settlement (gain) loss	—		—		—		—
Net amortization of:
Actuarial (gain) loss	1		5		3		10
Transition costs and other	—		—		—		—
Net periodic benefit cost	$	50	$	108	$	98	$	215

Defined Contribution Plans

The Company sponsors several defined contribution plans through its domestic subsidiaries covering employees who meet certain service requirements. The Company makes matching contributions to the plans based upon a percentage of the employees’ contribution in the case of its 401(k) plans or upon a percentage of the employees’ salary or hourly wages in the case of its non-contributory money purchase plans.